Clearlake reportedly open to buying Todd Boehly’s Chelsea stake
Chelsea majority owner Clearlake Capital is reportedly considering buying out Todd Boehly’s stake in the club following a rift between the two parties, according to multiple reports.
The consortium led by Boehly and Clearlake completed a £2.5bn takeover of Chelsea in July 2022, after previous owner Roman Abramovich was forced to sell the club amid Russia’s invasion of Ukraine and subsequent sanctions.
The private equity firm currently holds a 61.5% share in the Premier League outfit, while the remaining 38.5% is held by a group led by the US businessman.
Boehly would not be able to sell his stake to an outside party without the authorisation of Clearlake.
The investment firm is reportedly committed to the Blues for the long term, and is not considering selling its share under any circumstances.
Boehly meanwhile is also reportedly interested in completing a full takeover of the club. The Boehly-led group’s current stake is split between the Los Angeles Dodgers owner, Swiss billionaire Hansjorg Wyss, and US businessman Mark Walter.
Under Chelsea’s new ownership, the club have spent more than £1bn on new player acquisitions. However this has not translated to on-pitch success for the club, who finished 12th in the 2022/23 Premier League table, and sixth last season.
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